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Web3 Parrot > Blog > News > Chainlink (LINK) Holds Critical Support After Breakout — Is a Strong Bull Run Coming?
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Chainlink (LINK) Holds Critical Support After Breakout — Is a Strong Bull Run Coming?

Ayomide Adekolajo
Last updated: 26/05/2025 14:46
Ayomide Adekolajo
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Yesterday was brutal for crypto. The whole market was bleeding red. But one coin stood out from the mess: Chainlink. While everything else was crashing, LINK held strong. It defended its support level like a champ. Now it’s breaking out to the upside.

Contents
What’s Fueling Chainlink Token Resilience and Rally?Why LINK Token Looks Ready to Run

CryptoED noticed this too. He called out the reversal in a tweet. He’s mega bullish on the setup. This kind of strength during a market dump? That’s what you want to see. It tells you something different is happening here.

What’s Fueling Chainlink Token Resilience and Rally?

CCIP just went live on Solana. That’s huge news. CCIP is Chainlink’s way of connecting different blockchains. Think of it as a universal translator for crypto networks. Solana is fast. It’s cheap. Now it has access to Chainlink’s infrastructure. That’s a big deal for developers building on Solana.

Chainlink BUILD also launched on Solana. This program helps developers build better apps. More developers on Solana means more demand for Chainlink’s services. The DeFi numbers look solid too. Chainlink’s total value secured keeps climbing. This shows more protocols are using their price feeds. When that number goes up, it means real adoption.

Then there’s the JPMorgan partnership with ONDO. When big banks work with crypto projects, you know things are getting serious. This isn’t just retail hype anymore. SWIFT integration is coming in November. SWIFT handles trillions in transactions worldwide. If Chainlink can bridge that world with crypto, the potential is massive.

Chainlink is also leading in real-world asset tokenization. This sector is exploding right now. Developers are flocking to RWA projects. Chainlink provides the infrastructure they need.

Why LINK Token Looks Ready to Run

LINK token is trading around $15.81 right now. The chart by CryptoED on X shows a textbook setup. It broke out of a downtrend. Then it pulled back to test support. That support held strong. The support zone sits between $14.8 and $15.2. This area acted like a wall. Price bounced perfectly off it. That’s exactly what you want to see after a breakout.

What a reversal from $LINK 👀

While the whole market was bleeding yesterday, Chainlink held its support incredibly Strong— and now we’re seeing a clean breakout.

I’ve been saying it… this one’s different. The setup is there, and the fundamentals are stacking up fast:
•$LINK… pic.twitter.com/UBa6OU51Kj

— CryptoED (@Crypto_ED7) May 26, 2025

The pattern is classic. Breakout, retest, bounce. It’s like a textbook example. Resistance sits at $17.7. That’s where it topped out before. Above that, $18.5 to $19.0 is the next big level to watch.

Read Also: Is SUI The Solana (SOL) of the 2025 Crypto Bull Run?

The indicators look good too. Stochastic RSI is oversold and turning up. Regular RSI is around 55. That’s healthy. There’s room to run higher. Volume picked up on the bounce. That shows real buying interest. Not just weak hands getting shaken out.

Follow us on X (Twitter) and Coinmarketcap for more real-time market updates.

The information provided on Web3parrot.com is for general informational purposes only and are opinions of the expert writers. They are not intended as financial, investment, or trading advice. Please do your own research and consult with a licensed financial advisor before making any financial decisions.

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By Ayomide Adekolajo
Ayomide is a crypto, blockchain and finance writer with with four years of experience. She enjoys exploring ideas and sharing insights on a variety of topics within the web3 niche. Writing is not just a profession for Ayomide; it's a passion.
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